Reference no: EM132633644
Question - Pie Ltd produces high-quality pies that passes through two production processes.
Data for June for the first process follow:
Work in process inventory, June 1 90,000 units
(Direct material 50% completed and conversion 60% completed)
Work in process inventory, June 30 to be calculated in part (a) below
(Direct material 60% completed and conversion 35% completed)
Direct material costs in work in process inventory, June 1 $60,000
Conversion costs in work in process inventory, June 1 $14,900
Units started into production 280,000 units
Units completed and transferred out 300,000 units
Direct materials costs added during June $385,000
Conversion costs added during June $214,500
Required: Using the weighted-average method
(a) Calculate the physical units in ending work in process inventory?